Transcritical CO2 Market

The transcritical CO2 market consists of systems using carbon dioxide for refrigeration, heating, and air conditioning, valued for its low environmental impact. Key customers are industries such as retail (supermarkets, hypermarkets), food processing, and operators of facilities like ice skating rinks. Growth is primarily driven by strict environmental regulations phasing out synthetic refrigerants and the high energy efficiency of CO2 systems, particularly in colder climates.

CAGR

16.3%

Compound Annual Growth Rate

Current Value

$46.8B

Estimated 2026

Projected Value

$156.7B

By 2034

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